The Brexit has been and will continue to cause a ripple through the rest of the world. We may benefit from a real estate capacity in the short term - long term will be interesting to watch!
- Foreign Real Estate Investors Shifting from the UK to the U.S.
- Increase in Real Estate Prices Spurred by Lower Mortgage Rate
The Brexit has created concern among global investors over financial and economic instability within the U.K. and the EU. A drop in government bond rates indicates that investments such as the 10-Year U.S. Treasury note have become increasingly popular with global investors over the past week. This rate drop for the 10-Year Treasury note will also decrease mortgage rates in the short term, which means that real estate prices are poised to rise more rapidly due to buyers abilities to afford larger mortgage loans and more expensive homes.
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